{"id":38000,"date":"2023-05-04T08:07:39","date_gmt":"2023-05-04T12:07:39","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=38000"},"modified":"2023-05-09T16:09:44","modified_gmt":"2023-05-09T20:09:44","slug":"survey-shows-45-of-executives-have-increased-ai-investments","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/survey-shows-45-of-executives-have-increased-ai-investments\/","title":{"rendered":"Survey shows 45% of executives have increased AI investments"},"content":{"rendered":"<p data-ar-index=\"1\">According to a Gartner survey, 45% of CEOs increased their investments in artificial intelligence (AI) as a consequence of the buzz around Open AI&#8217;s ChatGPT.<\/p>\n<p data-ar-index=\"2\">According to the report, 68% of CEOs feel that the benefits outweigh the risks, while only 5% believe the opposite. Only 17% of executives stated that cost optimization was the primary goal of their generative AI investments. 38% were preoccupied with customer experience and retention, whereas 26% were preoccupied with revenue growth.<\/p>\n<p data-ar-index=\"3\">Companies are starting to experiment with generative AI in areas such as media content enhancement and code creation. However, only 4% of respondents said they were in production mode, while 70% said they were in investigative or exploration mode and 15% said they were in piloting mode.<\/p>\n<p data-ar-index=\"4\">According to Gartner, generative AI will not only complement and speed design in many vertical sectors, but it will also have the capacity to &#8220;invent&#8221; innovative designs or items that humans have not yet created. The application of generative AI is expanding, particularly in five areas: medication design, material science, chip design, synthetic data, and parts design.<\/p>\n<p data-ar-index=\"5\">The sources for this piece include an article in <a href=\"https:\/\/www.techrepublic.com\/article\/gartner-executives-chatgpt-investments\/\" target=\"_blank\" rel=\"noopener\">TechRepublic<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a Gartner survey, 45% of CEOs increased their investments in artificial intelligence (AI) as a consequence of the buzz around Open AI&#8217;s ChatGPT. According to the report, 68% of CEOs feel that the benefits outweigh the risks, while only 5% believe the opposite. Only 17% of executives stated that cost optimization was the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34],"tags":[525],"class_list":["post-38000","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence","tag-ai"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/38000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=38000"}],"version-history":[{"count":2,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/38000\/revisions"}],"predecessor-version":[{"id":38002,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/38000\/revisions\/38002"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=38000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=38000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=38000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}